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20121207
20121207
Search Results 0 to 4 of about 5 (some duplicates have been removed)
. there is an enormous story about the rights of workers tonight in the state of michigan. it's seriously astonishing stuff. we'll get very deep into it. but there is another equally if not more seismic political story tonight out of washington. and that is where we begin. today will be seen, remembered, as a huge day in the republican party's continuance of war. something really big happened. south carolina senator jim demint announced today he'll be leaving the senate. he'll not be there anymore. he's leaving to head a think tank called the heritage foundation where he stands to make something like ten times his current salary. yay for jim demint, good money. kind of. it's good for him, but it's really good for his colleague, republican senate leader mitch mcconnell. you see, jim demint is not your ordinary senator. he's like the grover norquist of the senate. he's the guy the other republican senators are really afraid of. and that is because more so than anyone else and definitely more than any other republican politician, demint is behind the tea party strategy of purifying the republican party
that michigan's republican controlled house and senate quickly passed controversial right to work bills. the bills limit the right to strike and picket and employees cannot be forced to pay union dues. democrats and union supporters say this is a huge blow to workers' rights. >> it terrifies me that they're trying to pass this through so quickly with no discussion from the other side, no understanding of what's important in it. >> poppy harlow joins us now from lansing. how damaging is this for unions? >> reporter: well, good morning, d don. if you ask the unions, they will tell you this could be extremely damaging to not just the unions, but they say to all of michigan, to all of the workers. that is their perspective. very different from those who support a right to work state. let's break this down for our viewers. what is right to work? in the state of michigan, no union and no employer together could mandate that an employee be part of the union or pay any amount of money to that union. right now, if you work at ford, general motors, chrysler on the line, you've got to be part of t
's for sure. >> the cliff and some of the stuff happening in michigan as well. >>> netflix received a notice from the s.e.c. regulators warning that they may bring civil action against the company and reed hastings for violating public disclosure rules by posting something on facebook. back on july 3rd the ceo posted and here's the quote netflix monthly viewing exceeded 1 billion hours for the first time ever in june which seems -- he thought that was fairly innocuous, but the s.e.c. says it violates regulation fd which is the public disclosure. you have to make full and fair public disclosure of what would be considered material nonpublic information. and hastings says this is crap. he's dismissing the s.e.c. contention saying he did not believe that the post was material on facebook. in a letter yesterday he also suggested that because the post was accessible to more than 244,000 subscribers to the page, it was very public. shares of netflix not much happened. there are other things happening with the company, too. we'll talk with an analyst who covers netflix in about 11 1/2 minutes. >>>
a statement, markets pulled back. they had rallied back after the university of michigan data. they were back at the morning's highs. people said, wait a minute. if it's a deal, wouldn't both of them be making a statement. it's something that you keep in the back of your mind. if you ever hear they're going to make a joint statement, the mashlt will probably take off, sensing that that's the deal. this morning they pulled back in anticipation of his speaking because he was speaking along and then they pulled back on his statement which seems edseemed progress so far. >> it might be a free pass. so many different variables. sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >
Search Results 0 to 4 of about 5 (some duplicates have been removed)